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Marketers Will Pay Naira for Dangote Fuel -IPMAN

Aliko Dangote Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant. It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility. On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this mon...
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Supreme Court Upholds 12-Years Jail Term For Jolly Nyame








File photo: Jolly Nyame


The Supreme Court has affirmed the judgment of the Court of Appeal which sentenced former governor of Taraba state, John Nyame to 12 years imprisonment for breach of trust and misappropriation of public funds.


The Apex Court, however, held that the Appeal court has no right to impose those fines which sum into hundreds of millions, thereby setting aside the fines.


Jolly Nyame had earlier appealed the November 16th, 2018 court of appeal judgment which affirmed his conviction by an FCT high court.


He approached the Supreme Court to among other things evaluate the evidence with which he was convicted, review his sentences, and verify whether the charges were valid.


The Apex Court, however, affirmed all the decisions of the Appeal Court, except for the fines.


The Court of Appeal in Abuja had on November 16th, 2019 ordered the former Taraba state governor, to pay a fine of N495 million for alleged misappropriation of funds while he was governor from 1999 to 2007.


That was after it had reduced the 14-year jail term, earlier imposed on the ex-governor by a High Court in Abuja, to 12 years.

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